Palmdale, CA 93550,38501 Larkin AVE
Palmdale, CA 93550,38501 Larkin AVE
Palmdale, CA 93550,38501 Larkin AVE
Palmdale, CA 93550,38501 Larkin AVE
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$900,000

$889,900

1.1%
Est.Price: ?

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Est. payment /mo

8,028 Sqft Lot


SOLD DATE : 08/05/2025

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25101904

Sold Date 08/05/25

HOA Y/N No

Year Built 1989

Lot Size 8,028 Sqft

Property Sub-Type Quadruplex

Property Description

Low cost maintenance cash cow investment property (4-plex) located in the heart of Palmdale and in the Transit improvement project zone. Built in 1989 with (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. The units are large and all have very open floor plans with central heat and air conditioning. All units occupied with good long term tenants and 3 of the 4 are on the section 8 program. Tenant's pay their own trash, gas and electric.There are 4 covered parking spaces in the back with 2 extra parking spaces that can be used for extra income. The laundry room is currently not in use but has been updated with a new water heater and the new owner can place coin washer/dryers for extra income if they desire. The large 3 bedroom unit has its own private fenced courtyard. Lots of upside with this solid income producing property. Don't miss out on the opportunity, act now before it's gone.

Location

State CA

County Los Angeles

Area Plm - Palmdale

Zoning PDR3*

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 3008015012

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Contract

Special Listing Condition Standard

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License Number 01925376

License Number 01925376

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CRMLS – RECore
Listed by Robert Proano Realty One Group United 310-429-4704
Bought with Christina Malyan JohnHart Real Estate
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